Differntial rates
Query (Issue) Started By: – arun aggarwal Dated:- 7-6-2017 Last Reply Date:- 8-6-2017 Goods and Services Tax – GST
Got 4 Replies
GST
Sir
I am a manufacturer ragistered dealer
with the arrival of the rates of GST, a strange position has occured
The GST rates are much lower than Excise rates prevailing today
Pls advice the treatment of the input balance at the the time of sale under GST of the finished goods stocks , as that can never be adjusted if I carry forward the input even indefinately.
Arun
Reply By MARIAPPAN GOVINDARAJAN:
The Reply:
Section 54(3) of CGST Act, 2017 provides that subject to the provisions of section 54(10) a registered person may refund of any unutilized input tax credit at the end
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